Fox Corporation (FOX) Tops Q3 EPS by 47c
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Fox Reports Third Quarter Fiscal 2021 Net Income of $582 Million, Earnings per Share of $0.96
May 5, 2021 4:01 PM EDTNEW YORK, May 5, 2021 /PRNewswire/ --Â Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") today reported financial results for the three months ended March 31, 2021.
The Company reported quarterly net income of $582 million as compared to the $90 million reported in the prior year quarter. The increase in net income was primarily due to the change in fair value of the Company's investments recognized in Other, net in the prior year quarter. Net Income attributable to Fox Corporation stockholders was $567 million ($0.96 per share) as compared to the $78 million ($0.13 per share) reported in the prior year quarter.... More
